Regency Centers (NASDAQ:REGCP) Trading Down 0.2% – Should You Sell?

Regency Centers Co. (NASDAQ:REGCPGet Free Report)’s share price traded down 0.2% during trading on Thursday . The stock traded as low as $23.08 and last traded at $23.1650. Approximately 551 shares changed hands during trading, a decline of 88% from the average session volume of 4,426 shares. The stock had previously closed at $23.22.

Regency Centers Trading Down 0.4%

The stock’s fifty day moving average price is $23.21 and its 200 day moving average price is $23.18.

Regency Centers Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Thursday, October 15th will be paid a dividend of $0.3906 per share. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $1.56 annualized dividend and a yield of 6.8%.

About Regency Centers

(Get Free Report)

Regency Centers Corporation (NASDAQ: REGCP) is a real estate investment trust specializing in the ownership, development and management of grocery-anchored shopping centers. The company focuses on daily-need and necessity-based retail, targeting properties that serve as community hubs for food, health and service tenants.

Founded in 1993 and headquartered in Jacksonville, Florida, Regency has built a portfolio of more than 400 properties across key U.S. markets, including Southern California, Texas, the Southeast and the Mid-Atlantic.

Further Reading

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